True enough, but if you don't have kids, it can be your nephew or niece
Actually everyone should do everything once. Once you eat in a 5-star restaurant, you realize that every one of them is a glorified mamak stall lol. I swear if you come to my house for CNY you get better service (and better quality food) than them lol

Futhermore I think Guy B is those fama yg support god car and asset downpayment for their children.

Guy A is those fama yg saving cukup cukup utk retirement ajer.

I dunno, effect of compounding extra 1k per month for 30+ years are scary man, even at the rate of 6% annually you will get 1million. Maybe it doesnt worth much but still can afford to cover a lot of things.

Interesting discussion. This is my own experience and thought. If say saving from 8k life style to 5k, this is worth it because saving 3k/month is a big deal and will give an impact to retirement. Furthermore, living with 5k lifestyle is really not hard at all. In term of percentage, 8k to 5k is only 37.5% reduction.

However, if say today living already a 3k lifestyle, and die die (borrowing words from Mr. Wong :-) ) want to save more and cut to 2.5k or 2k lifestyle, I think not worth it. That rm500-1k saving at that level means a lot of sacrifices need to be done, and in the end the impact in retirement may not cope up with the damage/loss done in young age. In contrast, I rather work harder or smarter (like taking up part-time job, getting promotion, doing home tuition etc) to make up the additional rm500-1k for saving, while maintain a livable, more comfortable lifestyle at 3k.

Just my 2 cents.

thanks
yes this is about pampering my self, i think i can afford it but juz getting another person view before actually committing. i tend to overthink sometimes

48" is HUGE. How far is your viewing distance? If it's too near, U will be moving your head a lot to follow the action. The size of ur TV is actually only depending on ur viewing distance.

For U who have 2.6k a month extra, 7k is not a huge amount, but not small either. BUT, my question is, is it really enough?

I think, simply put, SET your LONG TERM financial goals. (Ur e.g. u save 500/month). After U have ur financial plan already rolling, U can simple SPEND ALL YOUR EXTRA. Dun need to ask anyone or let anyone tell U what to do with YOUR money =)

Italic is about buying the right product for the right usage.
e.g. butcher knife to butcher meat. Imagine using a HUGE butcher knife to cut fruit. Doesn't work very well.

BOLD is just a finance philosophy.
Basically,
Italic answers is this product right for my usage?    while
BOLD answers should I buy this product?

Is depends how you want it to be.
For me, EPF, ASW and ASM are good for me, since all of them are doing > 5% dividend.
And if we are employee, our income are fixed. Some may trying to venture in to share, fund. But all in common are : they won't always make money all the time.
When you retired, just make sure your EPF account have a total of rm400k with 0 debts. This amount you can use it for another 20 years.

U got high salary, ok

but we have some ppl who have very low basic salary and relies on commission...EPF is on basic, not on commission

these ppl would need to save/invest on their own

simple clarification: bought medical insurance in THAT country

simple clarification: bought medical insurance in THAT country

the main reason i am thinking of personal loan is because i do not want to spend my husband money on renovation since he already pay for home loan. After summarize his expenses,i dont think i need to do so. I think i can take from him without paying the interest to bank.